Contemporary Mathematics For Business & Consumers, Loose-leaf Version
8th Edition
ISBN: 9781305867185
Author: Robert Brechner, Geroge Bergeman
Publisher: South-Western College Pub
expand_more
expand_more
format_list_bulleted
Concept explainers
Textbook Question
Chapter 4.II, Problem 1RE
On April 3. Erin Gardner received her bank statement showing a balance of $2,087.93. Her checkbook showed a balance of $1,493.90. Outstanding checks were $224.15, $327.80, $88.10, $122.42, and $202.67. There was an $8.00 service charge, and the deposits in transit amounted to $813.11. There was an electronic payroll deposit of $450.00. Use the form below to reconcile Erin's account.
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
On the first day of each month, Enid deposited $4 into her bank account and Jim deposited $3 into his. They opened these accounts on May 15 , 1990 . On December 31 , 1999 , they each had $72 in their account. What was each person ‘s balance on the accounts on May 15 ? ( Note: Neither person earned interest)
Helpp
Kaitlin had the following number of daily balances within a 31 day period on her credit
card account. What was the average daily balance on the account?
For three days the balance was $654.32
For eleven days the balance was $880.09
For nine days the balance was $1,166.06
For five days the balance was $1,515.15
For three days the balance was $1,903.31
$1,142.72
$1,265.15
$1,180.81
$2,952.14
O $34,525.17
Chapter 4 Solutions
Contemporary Mathematics For Business & Consumers, Loose-leaf Version
Ch. 4.I - Use the following blank to write a check for...Ch. 4.I - You have just received a check. Your account...Ch. 4.I - Fill out the deposit slip for Hi-Volt Electronics...Ch. 4.I - From the following information, complete the two...Ch. 4.I - You are the owner of the Busy Bee Launderette....Ch. 4.I - Prob. 2RECh. 4.I - You have just received a check. Your account...Ch. 4.I - You have just received a check. Your account...Ch. 4.I - You have just received a check. Your account...Ch. 4.I - Properly fill out the deposit slip for The Star...
Ch. 4.I - Properly fill out the deposit slip for Howard...Ch. 4.I - 8. From the following information, complete the...Ch. 4.I - From the following information, complete the...Ch. 4.I - 10. From the following information, complete the...Ch. 4.II - Using the form provided, reconcile the following...Ch. 4.II - 1. On April 3. Erin Gardner received her bank...Ch. 4.II - Bob Albrecht received his bank statement on July 5...Ch. 4.II - On December 2. John Leahy received his bank...Ch. 4 - 1. A(n) ___________ is a written order to a bank...Ch. 4 - On a check, the ___________ is the person or...Ch. 4 - When a(n) ___________ card is used, the amount of...Ch. 4 - 4. Write the word form of $52.45 as it would...Ch. 4 - Prob. 5CRCh. 4 - Prob. 6CRCh. 4 - Prob. 7CRCh. 4 - Prob. 8CRCh. 4 - Attached by perforation to checks, check...Ch. 4 - Prob. 10CRCh. 4 - Prob. 11CRCh. 4 - Prob. 12CRCh. 4 - Prob. 13CRCh. 4 - Prob. 14CRCh. 4 - Prob. 1ATCh. 4 - 2. You have just received a check. Your account...Ch. 4 - As cashier for Cellinis Pizza, it is your...Ch. 4 - Simon Fitzrowdy checked his checking account...Ch. 4 - Prob. 5ATCh. 4 - 6. On October 1, Jessica Clay received her bank...Ch. 4 - Using the form on page 121, prepare a bank...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.Similar questions
- Terrell DeShay's statement balance is $432.10. He has one outstanding check for $37.00. What is DeShay's adjusted balance? Select one: O a. $359.00 O b. $406.10 OC. $395.10 O d. $469.10arrow_forward83 employees on the assembly line, each with gross earnings of $329 per week. What are the total social security and medicare taxes that should be withheld by the employer for each week?arrow_forwardMary paid $456 for an annual contract to an ISP on July 1, 2012. She terminated her contract with the ISP on March 8. The contract requires to refund a prorated amount to the exact number of days remaining in the period of coverage. A $50 service charge is then deducted. What refund will Mary receive?arrow_forward
- A man earned wages of $50,800, received $1700 in interest from a savings account, and contributed $2600 to a tax-deferred retirement plan. He was entitled to a personal exemption of $3800 and had deductions totaling $6910. Find his gross income, adjusted gross income, and taxable income. His gross income was $. (Simplify your answer.)arrow_forwardOn January 1, 2009, Kendra owed $16,887 to her friend Joseph, who was kind enough not to charge Kendra any interest. Each month during 2009, Kendra paid Joseph some of the money she owed. If Kendra still owed Joseph $7,683 on January 1, 2010, what was the average amount of Kendra's monthly payments?arrow_forwardMalcolm’s employer automatically deducts 38.7% from his paycheck every month for taxes, insurance premiums, retirement accounts, and so on. He ends up taking home $42297.00. This represents 61.3% of his gross pay. What was his gross pay?arrow_forward
- Properly fill out the deposit slip for The Star Vista Corp. based on the following information. (Enter the checks in the order given.) date: July 6, 20xx $1,670 in currency $63.25 in coins checks in the amount of $2,455.94, $4,238.79, and $1,461.67arrow_forwardJill lived and worked in North Carolina for the entire 2013 tax year. Her adjusted gross income was $78,000 and she qualifies for the standard deduction of $3000 and exemption of $2000. Use the following 2011-2013 NC tax rate schedule (taken from http://www.dor.state.nc.us/taxes/individual/rates.html) to calculate her 2013 NC tax. If your filing status is single; and taxable income is more than: $0 $12,750 $60,000 but not over: 1% $12,750 $60,000 Jill's 2013 NC tax is: $ (Round to the nearest dollar.) What is Jill's effective tax rate? [Tax paid divided by taxable income] (Write as a percent, rounded to one decimal place.) your tax is: 6% OF THE NC TAXABLE INCOME AMOUNT ON FORM D- 400 $765 + 7% OF THE AMOUNT OVER $12,750 $4,072.50 +7.75% OF THE AMOUNT OVER $60,000arrow_forwardDirections: Record the following transactions on the check register below. Keep a running balance. 1. You have a beginning balance of $1054.65. 2. You receive your paycheck on July 9 for the amount of $867.89. One hundred dollars was placed into your 2202savings account before depositing the rest into your checking account. Total deposit was $767.89. 3. On July 11 you write check number 1029 to Time Warner to pay your cable bill. Total amount is $45.56. 4. On July 13 you write check number 1030 to B.F.I. to pay your garbage bill. Total amount is $56.78. 5. On July 13 you use your debit card to buy food at Publix. Total amount is $34.56. 6. On July 14 you visit the mall and pull money out of an ATM. It is not your bank's ATM and the fee is $2.00. The amount that you withdraw is $40.00. 7. On July 15 you write check number 1031 to Pinellas County Utilities to pay your water bill. Total amount is $120.34. 8. On July 15 you write check number 1032 to Bank of America to pay your mortgage.…arrow_forward
- A patient receives an $800 medical procedure. The patient has an insurance plan with a 70/30 coinsurance agreement and a $200 deductible which they have not met. The insurance allows $550 on the procedure and the provider will write off the difference in the cost. How much will the insurance responsible be responsible for? How much will the patient be responsible for?arrow_forwardThe Gregory Hotel has 120 rooms. On September 21st. 83 rooms were sold. In addition, there were 2 complimentary rooms for frequent stay guests. A total of $6960 in room revenue was generated on Sept. 21. Calculate the following for Sept 21. Carry your final answers out to the 100th: Occupancy percentage ADR (Average Daily Rate) RevPAR (Revenue per Available Room)arrow_forwardIn 2010, the U.S. Congress passed the Affordable Care Act. This law requires most Americans to purchase health insurance for themselves and members of their family. The Juarez family has a health insurance plan that will reimburse them for 70% of their health care expenses after they pay a $5,200 deductible. Last year, the Juarez family had medical expenses that totaled $16,384. What is the amount paid by the Juarez family’s insurance company?Answer: Work/Explain: Please write clearly so i can read itarrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- Discrete Mathematics and Its Applications ( 8th I...MathISBN:9781259676512Author:Kenneth H RosenPublisher:McGraw-Hill EducationMathematics for Elementary Teachers with Activiti...MathISBN:9780134392790Author:Beckmann, SybillaPublisher:PEARSON
- Thinking Mathematically (7th Edition)MathISBN:9780134683713Author:Robert F. BlitzerPublisher:PEARSONDiscrete Mathematics With ApplicationsMathISBN:9781337694193Author:EPP, Susanna S.Publisher:Cengage Learning,Pathways To Math Literacy (looseleaf)MathISBN:9781259985607Author:David Sobecki Professor, Brian A. MercerPublisher:McGraw-Hill Education
Discrete Mathematics and Its Applications ( 8th I...
Math
ISBN:9781259676512
Author:Kenneth H Rosen
Publisher:McGraw-Hill Education
Mathematics for Elementary Teachers with Activiti...
Math
ISBN:9780134392790
Author:Beckmann, Sybilla
Publisher:PEARSON
Thinking Mathematically (7th Edition)
Math
ISBN:9780134683713
Author:Robert F. Blitzer
Publisher:PEARSON
Discrete Mathematics With Applications
Math
ISBN:9781337694193
Author:EPP, Susanna S.
Publisher:Cengage Learning,
Pathways To Math Literacy (looseleaf)
Math
ISBN:9781259985607
Author:David Sobecki Professor, Brian A. Mercer
Publisher:McGraw-Hill Education
Use of ALGEBRA in REAL LIFE; Author: Fast and Easy Maths !;https://www.youtube.com/watch?v=9_PbWFpvkDc;License: Standard YouTube License, CC-BY
Compound Interest Formula Explained, Investment, Monthly & Continuously, Word Problems, Algebra; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=P182Abv3fOk;License: Standard YouTube License, CC-BY
Applications of Algebra (Digit, Age, Work, Clock, Mixture and Rate Problems); Author: EngineerProf PH;https://www.youtube.com/watch?v=Y8aJ_wYCS2g;License: Standard YouTube License, CC-BY